EconPapers    
Economics at your fingertips  
 

Income Distribution and Economic Growth: A Critical Approach

Philip Arestis and Carolina Troncoso ()
Additional contact information
Carolina Troncoso: Baltar University of Campinas, Brazil

Authors registered in the RePEc Author Service: Carolina Troncoso Baltar ()

Panoeconomicus, 2017, vol. 64, issue 2, 125-138

Abstract: The aim of this paper is to review the Kaleckian and post-Kaleckian literature on income distribution and economic growth and question the extent to which they analyse countries’ economic regimes and economic performances properly and appropriately to understand countries’ economic performances. The debate focuses on the inclusion of profit margin in the investment function as a way to characterize the effective demand regime in the neoliberal era as a profit-led growth regime. Our argument is that this inclusion is not able to evaluate properly the countries’ economic growth in terms of the consistency between its effective demand regimes and income distribution.

Keywords: Effective demand regime; Income distribution; Economic growth; Kalecki (search for similar items in EconPapers)
JEL-codes: E12 E25 O40 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
http://www.panoeconomicus.rs/casopis/2017_2/Panoec ... ial%20Issue%2001.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:voj:journl:v:64:y:2017:i:2:p:125-138

Access Statistics for this article

Panoeconomicus is currently edited by Kosta Josifidis

More articles in Panoeconomicus from Savez ekonomista Vojvodine, Novi Sad, Serbia
Bibliographic data for series maintained by Ivana Horvat ( this e-mail address is bad, please contact ).

 
Page updated 2021-06-13
Handle: RePEc:voj:journl:v:64:y:2017:i:2:p:125-138